Filed April 13, 2020 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: LOCKTON INVESTMENT ADVISORS Service code 16 · EIN 20-8874282 | Consulting | $37,500 |
LINCOLN NATIONAL CORPORATION2 years Service code 13 · EIN 35-0472300 | Contract Administrator | $12,915 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,418 | $61,473+34.1% | $81,726+0.8% | $73,412+12.3% |
| Participation rate | 97.9% | 72.4%+25.5pp | 72.0%+25.9pp | 72.2%+25.8pp |
| Annual return | 15.32% | 28.26%-12.9pp | 29.49%-14.2pp | 59.30%-44.0pp |
| Employer contribution / active EE | $3,006 | $1,898+58.4% | $4,311-30.3% | $2,234+34.6% |
| Participant deferral / active EE | $5,364 | $3,080+74.2% | $7,108-24.5% | $3,806+41.0% |
| Admin fee / account holder | $52 | $125-58.4% | $5,160-99.0% | $158-66.9% |